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附：财务预测摘要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E保险业务授资资产39,16443,6844696551,75256,705营业收入11,80411,10612,20713,31914,097其他资产62,25667.68877,85084,68292,1157,3997,4427.6868,000资产总计101,420111,372124,815136,434148,821保费业务收入7,6087,6967,8858,1568,4991,7131,7441,7211,8431,9721,0343971,2321,5881,7331,1871,3821,1761,2651,360公允价值变动收益-226-32919,32421,16123,86325,92828,000其他业务收入3,5973,6144,0444,3652,5173,1502,5542,7752,997营业支出-10,408-10,042-9,810-10,526-11,089其他负债65,90272,18181,91789,15196,984退保金-529-541-541610663负债总计90,64399,619111,231120,962131,312赔付支出-2,689-2,821-2,803-3,024-3,259归属于母公司所有者8,1249,95911,37512,8991621411491591702,6533,1663,6264,0984,609-2,668-2,623-2245-2,436-2,45710,77711,75313,58515,47317,508400-20-20金负债及股东杖益总计101,420111,372124,815136434148,821-807-704-702-724-751业务及管理货用-1,726-1,789-1,900其他业务成本-2,191-1848-1,960-2,082-2,209营业利润1,39710632,7933,0096营业外支出-7-9利润总颜1,3961.0582,3972,7933,009所得税-17816482-5601,2181,0741,9162,2332,403减：少数股东杖益202237317370398归母净利润1,01683815981,8632,0052021A2022A2023E2024E2025E成长能力(%)营业收入同比增长-3.11%-5.92%9.91%9.11%5.85%-2.33%0.34%0.23%3.29%4.08%-4.64%1.16%2.45%3.44%4.20%归母净利润同比增长-28.99%-17.56%90.77%16.56%7.62%归母净资产同比增长6.54%5.70%15.98%14.22%13.40%获利能力(%)ROE11.79y%9.54%15.12%15.37%14.57%ROA1.24%1.01%1.62%1.71%1.68%ROEV8.53%5.04%12.03%11.96%11.47%价值数据（亿元）新业务价值379288308336358寿险内含价值8,7658,7489,47810,21410,950集团内舍价值13,9551423815,65317,16818,747每股指标（元）5.774.808.7410.1910.97每股净资产44.4446.9754.48622370.5676.3477.8985.6393.92102.56估值比率P/E7.854313.703.43P/B0.850.800.690.610.53P/EV0.490.480.440.400.37数据来源：聚源、开源证券研究所请务必参阅正文后面的信息被露和法律声明
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